Payment Friction

Payment Friction: How to Reduce it and Increase Sales

Payment friction in online checkout can significantly impact conversion rates and sales. It is a major concern for e-commerce businesses as nearly 70% of shopping carts get abandoned at checkout…

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what is merchant discount rate in payments

What is the Merchant Discount Rate for Payments?

The Merchant Discount Rate (MDR) is a critical component in online payment processing, encompassing the fees levied on merchants for incoming transactions. Ranging between 1% and 3%, MDR involves a…

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Fixed Capital vs Working Capital

Pros and Cons of Investing in Fixed Capital vs Working Capital

Capital investment is essential to building a successful business or financial portfolio. However, before making any investment decisions, it’s important to understand the different types of capital investments available and…

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payment gateway API

How do I Create a Payment Gateway API?

We live in an omnichannel customer experience era, and developers play a critical role. They ensure that all data is processed correctly, from when a customer looks at a product…

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Auto Debit vs Manual Payment Processing

Auto Debit vs Manual Payment Processing: Which is Better for Your Business?

As a business owner, you know that managing finances is crucial to the success of your business. And a critical aspect of financial management is payment processing. But with so…

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